The Greensboro housing market is characterized by a mix of older and newer homes, with a median home price of around $170,000. The city's proximity to major highways and its thriving downtown area make it an attractive location for both families and professionals. Neighborhoods like Fisher Park and Irving Park are popular for their historic charm and tree-lined streets, while areas like Tate Street are experiencing revitalization and growth.

• The Greensboro housing market has seen steady appreciation in recent years, with home values increasing by around 5% annually.
• The city's diverse economy, which includes major industries like healthcare, education, and manufacturing, supports a stable housing market.

At NMHL, we offer a range of mortgage products tailored to the needs of Greensboro borrowers. Our loan options include FHA, VA, USDA, Conventional, and Jumbo loans, ensuring that we can cater to diverse borrower profiles. Whether you're a first-time homebuyer or a seasoned investor, our mortgage experts can help you identify the best loan options for your situation.

Some of the key benefits of working with NMHL include:

• Competitive interest rates and flexible loan terms
• Personalized service from experienced mortgage experts
• Access to specialized loan programs, such as down payment assistance and bad credit mortgages

Down payment assistance programs can be a valuable resource for Greensboro borrowers, helping to reduce the upfront costs of purchasing a home. NMHL offers a range of down payment assistance programs, including the North Carolina Home Advantage Mortgage, which provides up to $15,000 in assistance.

To qualify for these programs, borrowers typically need to meet certain income and credit score requirements. Our mortgage experts can help you determine your eligibility and guide you through the application process.

The quality of local schools can have a significant impact on home values in Greensboro. The Guilford County Schools district serves the city, with several highly-rated schools in the area. Homes located in the attendance zones of top-performing schools tend to command higher prices and appreciate in value more quickly.

When evaluating mortgage options, it's essential to consider the local school district and its impact on your home's value. NMHL's mortgage experts can provide guidance on how to factor school district quality into your mortgage planning.

At NMHL, we're dedicated to serving underserved borrowers, including those with bad credit, self-employed individuals, and veterans. Our mortgage experts understand the unique challenges faced by these borrowers and are committed to providing personalized service and tailored mortgage solutions.

Some of the ways we support underserved borrowers include:

• Bad credit mortgage programs with more lenient credit score requirements
• Specialized loan options for self-employed borrowers, such as bank statement loans
• VA loan options for eligible veterans and service members